Housing Prices in Downtown Durham, NC
How much do homes in Downtown Durham, NC cost?
Median List Price
$564,850
$510/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in Downtown Durham has increased by 2.2% since last year.
Summary: The median home list price in Downtown Durham was $564,850 in April 2024, up 2.2% from the previous year, and the median price per square foot was $510.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $243K | $424.9K | +74.9% |
| 2 Bedrooms | $799K | $799K | 0.0% |
| 3 Bedrooms | $779.5K | $736.9K | -5.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Downtown Durham housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74.9%, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Neighborhoods
| Warehouse District | $359.4K | $375K | +4.3% |
| Downtown Durham | $552.9K | $564.8K | +2.2% |
| Central Park | $802.1K | $799.9K | -0.3% |
| Cleveland-Holloway | $675K | $629.9K | -6.7% |
Housing Supply in Downtown Durham, NC
How many homes are available in Downtown Durham, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Downtown Durham real estate market had 12 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Downtown Durham housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Downtown Durham, NC
How long does it take to sell a home in Downtown Durham, NC?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 183 Days | 146 Days | -19.9% |
Summary: Homes in Downtown Durham had an average listing age of 146 days in Apr 2024, down by 19.9% compared to the previous year.
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